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Report: Additive manufacturing industry sees growth, revenues to hit $25b by 2025

The additive manufacturing (AM) market is predicted to grow at a rapid pace, by roughly 23 per cent, to $13.5 billion (AUD 20.2 billion) in 2022, and is projected to be worth $25 billion (AUD 37 billion) by 2025, based on the most recent market statistics by SmarTech Analysis.

Higher wheel prices boost Carbon Revolution’s revenue to $18m

Geelong-based advanced manufacturer Carbon Revolution Limited has released its first half results for the financial year 2023 with revenue up by 2.3 per cent to $18 million compared to the prior period, reflecting a higher average wheel price.

Australia’s dairy industry continues to place a premium on ‘drinking’ milk, says Rabobank

The liquid ‘drinking’ milk market continues to be crucial for Australia's dairy industry due to increased domestic retail pricing and potential for additional export development, according to a recently released industry report from Rabobank.

DroneShield sees 2022 revenue spike to 60%

ASX-listed DroneShield has released its 2022 annual report, with another record year of revenue up by 60 per cent to $16.9 million.

BAE Systems builds momentum after winning record $65b in new orders

BAE Systems has delivered another strong year of performance in 2022, both financially and operationally, with a record order intake of £37.1 billion (AUD 65.4 billion), driving the company’s defence order backlog up to £59 billion (AUD 104 billion).

Austal delivers strong revenue results with long-term programs growth

Global shipbuilder Austal has recorded FY2022 H1 revenue of $775.0 million supported by strong growth in the sustainment business, with revenue from the segment rising 67 per cent to $194.6 million.

Bega Cheese sees 11% increase in revenue for FY2023’s first half

Bega Cheese Limited generated a revenue of more than $1.6 billion in the first half of fiscal year 2023, which ended on 25 December 2022. The figure marks an 11 per cent increase compared to the prior year’s results. 

ARB Corp revenue slips 5.1% amid vehicle availability disruptions

ARB Corporation Limited is in the red on the release of the company’s first-half earnings, posting a 5.1 per cent sales revenue decline to $340.9 million compared with the prior period as vehicle availability continues to constrain sales in Australia and the United Kingdom.  

Orora sees first half earnings soar to $165.8m, up 7.3%

Australia-based global packaging manufacturer Orora has announced its financial results for the half year with earnings before interest and tax (EBIT) of $165.8 million, up 7.3 per cent driven by strong earnings growth in North America and robust earnings performance in Australasia.

Cochlear hits $893m in sales revenue with clinical demand for hearing aids, implants

Medical device company Cochlear Limited has shared its revenue for the six months through December of $885.2 million, a nine per cent increase driven by strong growth in cochlear and acoustic implant sales.
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